First Look: The £100 Coin That Will No Doubt Sell Out

Feeling flush? You might want to snap up the Royal Mint’s latest limited edition commerative coin.

The £100 coin, which has been released to honour Buckingham Palace and is engraved with Britain’s best-known royal building on the back, is available at face value for a limited time. And the Royal Mint is expecting a sell out after their first £100 coin (featuring Big Ben) was snapped up in days.

Only 50,000 of the new legal tender £100 coins will be minted. Each one will contain two full ounces of 999 silver.

‘Buckingham Palace is an instantly recognisable architectural icon for the millions of British citizens and tourists who have seen it in person or in pictures and on film’, the Royal Mint’s Director of Commemorative Coins and Medals, Shane Bissett says.

‘The building is an instinctive rallying point in the capital city during times of national celebration and mourning, and was a natural choice for the next design in The Royal Mint’s popular £100 for £100 coin series.’

The coin might be one to treasure rather than spend. If you’ve ever tried to part ways with a £50 note, you’ll understand what we mean!